Donor Advised Funds
In partnership with American Endowment Foundation (AEF), we offer donor advised funds (DAF) for charitable giving.
A donor advised fund (DAF) is a charitable investment account that provides simple, flexible, and efficient ways to manage charitable giving. The money or assets that go into a donor advised fund becomes an irrevocable transfer to a public charity with the specific intent of funding charitable gifts. AEF serves as the public charity and administrator of the DAF, Charles Schwab serves as the custodian, and Macroclimate serves as your investment manager.
How a DAF Works
You make an irrevocable contribution from your personal assets. We accept $200,000 as an initial contribution.
You immediately receive the maximum tax deduction allowed by the IRS.
AEF places your contribution in a donor advised fund account which Macroclimate manages at Charles Schwab.
Afterward, on your own timetable, you can recommend grants to qualified charities and nonprofit organizations.